Yes sort of

We get paid every other Friday and the second Friday payday is always what I call a shortfall payday. Technically we are VERY short to cover our budgeted expenses on that payday each month. So I keep the equivalent to that much money in my bef at all times just in case we don’t cover the shortfall by rolling “excess” money from the proceeding payday to cover. I’ve only had to hit it twice this year, but there is a definite feeling of security knowing it is there.

We kind of do this

Our monthly bills come out of my husband’s paycheck, every 2 weeks. I average the utilities. Let’s say electricity: it’s about $1200/year, so I divided that by 26 (paychecks per year), which is about $46/paycheck. I put $60 into it’s own little savings account in Cap1-360, so it covers those big summer (A/C) bills and the big winter (electric heat) bills and plenty of wiggle room. The smaller bills, like Netflix, I don’t really save ahead on it. On my water bill, I just auto-send them $60/month and they apply extra to the next month, and I have at least a month credit there. Including our sinking funds and our $1k emergency fund, we have anywhere between $3k-4k in savings. It makes it VERY simple!! It took a while to set it all up, but it’s been worth it